Golden Financial Services Scholarship For Credit Card Debt Contest

Golden Financial Services Scholarship

Golden Financial Services is pleased to announce two new scholarships for high school seniors and college students over the course of 2019.. 

The Golden Financial Services scholarship program is designed to make college more affordable and help the US economy. Wisconsin Hope Lab recently conducted the largest national college survey that illustrated over 36% of students were food insecure (not enough money to eat). Without scholarships in place, some of these students won’t graduate. 

We believe that by providing scholarships to students across the nation and helping them pursue their college dreams, we’re contributing towards improving America’s future financial prosperity. Eventually, these students will create businesses of their own and contribute to the US economy, which they may not have had the opportunity to do without scholarships like the one being provided through Golden Financial Services. The subject matter of the contest also brings awareness to the students, illustrating to them what can happen when racking up more credit card debt than a person can afford to pay back. 

Golden Financial Scholarship contest winner
One of our past scholarship winners!

Here’s the essay submitted by Marcus Alverde that won him the scholarship.

Golden Financial Services will award a total of $2,000 towards the 2019 scholarships; equal to $1,000 each.

 

Scholarship Application Deadlines:

First Scholarship Deadline:

  • December 31st, 2019

Second Scholarship Deadline:

  • February 30th, 2020

NOTE: After the deadline, there is a 30-day voting period and the winner will then get announced. 

Here is where the voting takes place:

 

Scholarship Eligibility Requirements:

A. High school seniors with a GPA of 3.2 or higher (requirement; the school must be in the United States)

B. College students already enrolled in an accredited 4-year university or college (requirement; college must be in the United States)

 

About Golden Financial Services (GFS)- the company offering these scholarships:

Paul Paquin, Golden Financial’s CEO says; “it’s important to give back so that our young students can excel to their fullest potential, and have the skills necessary to improve our country’s overall economic health.”

 

How To Apply For A College Scholarship:

To apply for a scholarship, students must come up with a new debt relief program to help consumers who are behind on their credit card payments. Your proposed plan must be different from the existing programs that are already available. View the Credit Card Debt Relief Programs that are already available. You can submit your proposed plan in the form of an online video, infographic or essay. 

**“ In the United States there is $15+ billion in delinquent credit card debt (people who are more than 90-days behind on credit card payments). Come up with a program to help consumers resolve their delinquent credit card debt.”**

 

Requirements for Submitting Your Scholarship Package

  • Your proposed solution can be in the form of an online video, infographic or essay.
  • Essays must be at least 750 words.
  • Essays must be sent in Microsoft Word Format. 
  • The content MUST be unique content that’s never been published anywhere else on the internet.
  • Include an author bio and author picture. Your author bio will be published online (similar to how Wes’s author bio appears here) and connected to your essay. The top articles will be published in the Golden Financial Services blog – giving each applicant national exposure – so submit your best work! 
  • Include a Cover Letter illustrating your full name, college or high school, college year, graduating year and intended major. In your cover letter, explain how you plan to use the scholarship and why we should select you as the winner. 
  • The winner of the scholarship must provide a picture id and proof that you are attending college. 
  • See an example of a past winner by clicking here 

Where to Submit Your Application:

SUBMIT DOCUMENTS & APPLICATION: scholarships@goldenfs.org 

(ESSAY’S MUST BE IN MICROSOFT WORD SO THAT GFS CAN EASILY REPUBLISH IT ON BLOG /// IF YOU ARE SENDING A VIDEO, PLEASE SEND THE ORIGINAL VIDEO FILE SO THAT GFS CAN UPLOAD TO ITS YOUTUBE /// SEND EMBED CODE FOR INFOGRAPHIC OR IMAGES IN JPEG)

Award Amount:

Golden Financial Services will award two scholarships, equal to; $1,000 each

Scholarship Application Deadlines:

First Scholarship Deadline:

  • December 31st, 2019

Second Scholarship Deadline:

  • February 30th, 2020

NOTE: After the deadline, there is a 30-day voting period and the winner will then get announced. 

Here is where the voting takes place:

 

CORPORATE LOCATION: Golden Financial Services, 21 Poplar Street, Cornwall, NY 12518

(Call or Text Paul Paquin if you have any questions regarding the Golden Financial Services Scholarships at 619-840-4626)

To understand how debt relief programs work in 2019, so that you can try to invent your own unique plan, here’s a quick directory of programs:

  1. Arizona debt relief plans
  2. California debt relief programs 
  3. New York debt relief options are a bit different
  4. Alabama just came out with a new debt relief program 
  5. New Mexico has hardship debt relief programs 
  6. Here is one of the most popular programs, called debt negotiation 
  7. Here’s how debt validation works, which can be the least expensive route to resolving credit card debt
  8. Consumers can also consolidate credit card debt as explained here